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Nova Ljubljanska Banka dd LjubljanaAnnouncement

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RNS Number : 0416N  Nova Ljubljanska Banka d.d.  16 June 2025

Nova Ljubljanska Banka d.d.

June 16, 2025

 

NLB d.d. General Meeting Confirms Increase in Dividend Payout

 

In accordance with the provisions set out in the Rules of the Ljubljana Stock
Exchange and the relevant laws, the NLB Management Board hereby announce the
results of votes cast at the 44th General Meeting of the Shareholders of NLB
d.d.:

 

The 60.41 % of the shareholders with voting rights, who were present at
today's 44(th) NLB d.d. General Meeting, adopted numerous resolutions proposed
by the Management or/and Supervisory Boards of NLB d.d., among them regarding
the allocation of distributable profit from the previous year and
re-appointment of an existing member to the NLB Supervisory Board.

 

The shareholders decided that part of the distributable profit would be paid
out as dividends in a total amount of EUR 128,600,000.00, which is EUR 6.43
gross per share, on 24 June 2025.

 

As in the previous years, the second tranche in the same amount is expected to
be submitted for approval at the General Meeting taking place towards the end
of this year, subject to no material M&A activity becoming actionable,
bringing the total payout in 2025 to EUR 257 million.

 

"Day by day, NLB continues to demonstrate that our investors, beginning with
those who placed their trust in us during the IPO in November 2018, made a
sound and rewarding decision. We remain fully committed to delivering
long-term value, as reflected in the 17% increase of dividend payout available
for distribution in two tranches in 2025. Building on this strong momentum,
the recent achievement of NLB surpassing EUR 3 billion in market
capitalization for the first time is another significant milestone - one that
firmly positions our bank among the industry's leading and most dynamic
players in this part of the world," commented NLB's CEO Blaž Brodnjak after
the General Meeting.

 

A Member to the Supervisory Board Re-elected

 

At the General Meeting shareholders also re-appointed Islam Osama Bahgat Zekry
for another four-year term of office as NLB Supervisory Board member, with
mandate beginning on the day of his appointment; and took note of new employee
representative Tatjana Jamnik Skubic being elected by the NLB Workers'
Council, after the term of office of Tadeja Žbontar Rems expired at the
conclusion of the General Meeting. Tatjana Jamnik Skubic will begin her
mandate pending all regulatory approvals.

 

In addition to them, the NLB Supervisory Board also consists of its Chairman
Primož Karpe, his deputy Shrenik Dhirajlal Davda, Cvetka Selšek, André-Marc
Prudent-Toccanier, Mark William Lane Richards, Luka Vesnaver, Natalia Olegovna
Ansell and another employee representative, namely Sergeja Kočar.

 

Changes to Various Policies and Reports Confirmed

 

At the General Meeting, the shareholders also discussed a variety of reports
and policies, and amongst other things confirmed the further improved
Remuneration Policy for the Members of the Supervisory Board of NLB d.d. and
the Management Board of NLB d.d., Policy on the provision of diversity of the
management body and senior management in NLB d.d., Policy on the selection of
suitable candidates for members of the Supervisory Board in NLB d.d. and
changes to Determination of payment to members of the Supervisory Board of NLB
d.d. and its committees.

 

All adopted resolutions, together with the voting results, are available to
interested parties on the bank's website
(https://www.nlbgroup.com/int-en/investor-relations/general-meetings) .

 

This announcement will be available on the company's website (www.nlbgroup.com
(http://www.nlbgroup.com/) ) as of 16 June 2025.

 

Investor Relations

NLB d.d., Ljubljana

 

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